Ethereum price extended losses and dropped below the $3,550 zone. ETH is showing bearish signs and might decline further below the $3,150 level.
Charles Hoskinson, the outspoken founder of Cardano, is taking his fight for crypto to Capitol Hill, just as he promised. The billionaire blockchain visionary plans to meet Democratic Senators, including Pennsylvania's John Fetterman, to probably push a bipartisan agenda for the crypto industry.
On December 22, 2024, Charles Hoskinson, co-creator of Cardano, addressed the blockchain community in a candid and detailed livestream. Broadcasting from Colorado, Hoskinson shared insights about Cardano's governance, partnerships, and technological advancements while reflecting on the challenges and successes of the year.
Cardano (ADA) is flashing familiar signals, with its current price action mirroring an earlier bull cycle that led to massive gains.
California men Gabriel Hay and Gavin Mayo were charged by the Department of Justice over a series of alleged NFT investment scams.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, recently experienced a significant price correction, dropping below $3,100 for the first time in 29 days. This marks a notable shift from its peak performance in December, when it reached this year's high of $4,106 on December 16.
Cardano (ADA), the ninth largest cryptocurrency by market cap, has been capturing attention recently with its price movements. According to Ali, a crypto analyst, Cardano is following a pattern that is eerily similar to its prior cycle.
Ethereum whales buy the dip as most metrics signal end of correction.
Ethereum educator and advocate Anthony Sassano has made a case for someone to lead a Bitcoin-like charge on behalf of the Ethereum community, similar to Microstrategy's Michael Saylor. He took to his handle on X (formerly Twitter) to ask if Ethereum would enjoy the same success as Bitcoin should a Saylor-like personality promote the token.
Amid a general crypto market price fall in the past week, Ethereum (ETH) recorded a price correction of over 19.5% finding support at a local bottom of $3,100. Since then, the prominent altcoin has only shown slight resilience rising by over 5% in the past two days.
ADA has struggled in the past week quite a bit, but there's some positivity in that.
Bitcoin (BTC -0.33%) continued to surge in value this year, maintaining its dominance as the largest and most valuable cryptocurrency on the planet. But looking ahead to 2025 and beyond, there's another cryptocurrency that could eventually rival Bitcoin's No.
A closely followed crypto analyst says that Ethereum (ETH) looks primed to surge against Bitcoin (BTC) as we enter the new year. In a new video update, crypto strategist Benjamin Cowen tells his 848,000 YouTube subscribers that based on historical trends, Ethereum should soon bottom out against the top crypto asset by market cap.
XRP has its critics, mainly due to Ripple's centralized control. If you're seeking alternatives with big growth potential, here are three coins to watch.
The Ethereum price has been a joy to watch in recent weeks after initially struggling to keep pace with other large-cap cryptocurrencies. However, the past week will be a quick one to forget for the crypto market, especially the altcoin, which declined in value by over 12%.
The current Cardano price slump to the $0.79 level has caused the savvy ADA whales to shift to an emerging investment opportunity called the DTX Exchange. While $1 is acting as a strong resistance to the Cardano price, the investors are looking for better investment options in this bull run.
Ethereum may surge to $11,433 according to Block Subsidy and Mayer Multiple models. Key resistance at $3,555 defines near-term movement. Breakout ahead? The post Models Show Ethereum Promise Even After This Weeks 12% Decline appeared first on Cryptonews.
Anthony Sassano, a prominent Ethereum advocate and educator, posed an intriguing question on X (formerly Twitter) on Dec.
Ethereum has faced significant volatility over the past few days, with massive selling pressure emerging after the cryptocurrency failed to break above its yearly highs set earlier in December. This price action has left traders and investors questioning the next direction for ETH as it consolidates under critical resistance.
Yesterday's recovery was short-lived.
Ethereum is regaining its footing in the market with a strong recovery, drawing attention as it moves toward the critical $3,659 resistance level. This surge comes after a period of consolidation, during which ETH stabilized and built bullish momentum.
Today, December 22, 2024, the overall cryptocurrency market is struggling, while Cardano (ADA) is poised for a notable price decline after forming a bearish price action pattern. Amid this mild bearish market sentiment, traders and investors appear hesitant to participate in the altcoin, according to the on-chain analytics firm Coinglass.
Ethereum accumulation address holdings have surged since August, outpacing its previous cycles.
The project will tokenize lithium property rights, enabling investors to trade fractional shares of the mineral without physical ownership.
Ethereum (ETH), the second-largest cryptocurrency by market value, is beginning to show signs of a promising recovery. After experiencing a significant drop in price, Ethereum is drawing attention from long-term holders and institutional investors, particularly whales.
Ethereum (ETH) price has fallen below the moving average lines but has found support above the 50-day SMA. Cryptocurrency price analysis brought by Coinidol.com.
In a recent analysis, crypto analyst Justin Bennett provided insights into how low the Ethereum price could drop by the end of December. This came as the analyst revealed that buyers need to step or ETH could enter next week with a bearish outlook.
On-chain metrics revealed that exchanges had experienced an outflow of $150.89 million worth of ADA.
Cardano (ADA), the native cryptocurrency of the Cardano blockchain, has been making headlines despite a recent decline in its price. Although the altcoin has experienced a significant drop of more than 30% in the past 48 hours, rising interest from long-term holders and increased participation from traders suggest that a price rebound may be on the horizon.
Real Vision's crypto analyst Jamie Coutts is outlining the major trends that the cryptocurrency industry is likely to witness in 2025. Coutts says on the social media platform X that the decentralized finance (DeFi) sector could go up by between 4x and 5x as a result of the traditional finance (TradFi) sector entering the space.
Ethereum has once again failed to reclaim the critical $4K resistance level, leading to a notable decline in price. However, the cryptocurrency has now reached a significant support zone, where a rebound followed by consolidation is anticipated.
This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.
Some investments attract more attention than others in the crypto universe. This is the case with World Liberty Financial (WLFI), a project backed by members of the Trump family, which has just made a strong move with a $2.5 million investment in Ethereum via Cow Protocol.
The Ethereum (ETH) price outlook has been on investors' radars for a while. Amid this sentiment, the cryptocurrency has rallied above $4,000 and, at one point, decreased below $3,200.
An expert claims that the recent Ethereum price crash was the last one and that the next phase includes an exponential bull rally that propels ETH to five digits. Amid the recent drop, whales seem to have accumulated Ether at a discount.
Buyers are trying to restore the lost initiative, according to CoinMarketCap.
Amid yesterday's crypto market slump, the US Securities and Exchange Commission (SEC) approved the first-ever dual Bitcoin (BTC) and Ethereum (ETH) index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex. The ETFs are scheduled for launch in January 2025.
The crypto markets are coping with the recent crash, with the Bitcoin price rising above $98,000, and they are aiming to reclaim $100K over the weekend. In the meantime, the third-generation token Cardano remains sure of a consolidated ascending trend regardless of growing bearish influence.
Ethereum surges 8.5% to $3,474, with predictions pointing to $14,600 by 2025. Is Ethereum ready for five-digit growth? The post Ethereum Growth – Are Five-Digits Next in 2025? appeared first on Cryptonews.
Bitcoin rebounds toward $100K, boosting top altcoins BNB, ADA, and AVAX. Key levels to watch as technical setups hint at sharp moves ahead.
The larger cryptocurrency market fell sharply on Friday, owing to a mix of macroeconomic factors and investor sentiment. The sell-off resulted in $1.42 billion in liquidations across various assets.
Ethereum (ETH) has been struggling with the $4,000 price level for months now. Since March 2024, it's been rejected at this point three times. Right now, it's sitting at $3,475, and while that's a slight improvement, ETH has still dropped 24% over the past few days—from $4,087 to $3,097.
Ethereum whales withdrew 17,698 ETH valued at $61.66 million, accelerating price recovery. With prices nearing $4000 and renewed institutional activity, market sentiment remains bullish as analysts predict further gains.
Due to yesterday's crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours.
Ethereum (ETH) has shown signs of recovery following a sharp market downturn, with significant whale activity that saw large Ether holders have been making withdrawals from exchanges. After experiencing declines exceeding 15% following the Federal Reserve's rate cut decision for 2025, Ethereum appears to be finding stability near the $3,400 level.
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week's charts as the best-performing collections.
The crypto market continues to show signs of growth and adoption, particularly with the significant increase in demand for stablecoins on Ethereum's layer 2 networks. According to a recent report, Ethereum's layer 2 networks now hold over 13.5 billion dollars in stablecoins, a new historical record.